Monthly Dividend Income – February 2016

Its time for me to post dividend income earned from my portfolios: DRIP, HID, & RothI enjoy sharing them as these passive dividend income provides me great inspiration and encouragement to keep chugging along and hopefully to the readers.

Wow! I scored seven hundred+ in total passive dividend Income: $734.53 to be precise, a milestone figure to reach. This month, my dividend income was more than 41.23% compared to last Nov and out of park as compared to last Feb, over 310%.That’s awesome as my February month is generally slow in last many years and crossing $500 felt great. It only shows the power of Dividend Income engine. I’m that much closer to being Financially Independent (FI) and living a life that I want to live.

Passive Dividend Income – February 2016

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Abbvie Inc. (ABBV): $28.50
Colgate-Palmolive Co. (CL): $5.70
The Clorox Company (CLX): $15.40
Welltower, Inc. (HCN): $12.90
Kinder Morgan, Inc. (KMI): $9.38
Omega Healthcare Inv., Inc. (OHI): $28.50
Proctor & Gamble Company (PG): $43.09
AT&T Inc. (T): $24.00
Verizon Comm. Inc. (VZ): $28.25

2. High Dividend Income Growth Portfolio (HID
Abbott Laboratories (ABT): $6.50
American Capital Agency (AGNC): $20.00
EPR Properties (EPR): $6.40
General Mills Inc. (GIS): $8.80
Kinder Morgan Inc. (KMI): $25.00
Realty Income Corp (O): $21.83
Omega Healthcare Inc. (OHI): $114.00
ONEOK Inc. (OKE): $135.30
Prospect Capital (PSEC): $12.50
Pimco Corp & Opportunity (PTY): $13.00
Seagate Tech (STX): $15.75
AT&T Inc. (T): $60.00
Vodafone Group, plc (VOD): $57.43

3. Roth IRA
HCP, Inc. (HCP): $28.75
Deere & Comp. (DE): $7.20
Kinder Morgan Inc. (KMI): $5.00
Vanguard Natural Res LLC (VNR): $1.35

Total Passive Dividend Income: $734.53

I want to own securities of Blue chip Aristocrats (companies with 25+ yrs of growing earnings) and Dividend Champions. Once the earned passive dividend income covers all my expenses, I will own my time as well and truly free from 9 to 5 tread mill.

I’d setup a goal of earning $7500.00 in total passive dividend income for this year and received total of $1238.12. This month of February was superb for me as I crossed $700+ that I’m glad to take 🙂

Full Disclosure: Long in all above mentioned securities.

How did your Dividend Income come along in month of February?

19 thoughts on “Monthly Dividend Income – February 2016

    1. Hi Dividend Hawk,

      Appreciate it. This was best ever passive income and glad to have it. Its almost one month of home rental, if you think about it.

      Thanks for stopping by and commenting.

  1. Wow, awesome month! It’s amazing to see how all those dividends from your companies add up to such a substantial amount. It’s great to see the year on year growth that shows compounding at work. Thanks for sharing and look forward to next month.

    1. Hi SAD,

      Yeah. Its surprising to see how these add up, this was my total for a year, a few years back. Compounding engine at its best! It’ll be nice to see when 1K is hit sometime later or next year, we’ll see 🙂

      Thanks for stopping by and appreciate your comments.

    1. Hi IH,

      Appreciate the kind words. Crossing $700 was definitely a big milestone for me and I’m sure for all DGI bloggers outta there. If you think about it: what could be covered in $700, many things: mobile costs, tel phone, tv/internet, all covered: we are that much closer to FI.

      Thanks for stopping by as always and commenting.

  2. Wow. Killing it to say the least. A lot of great names paying you for the month. Looks like you have been busy with many new buys and the increase in dividends shows. You have to love the real results of dividend growth investing. Thanks for sharing.

    1. Hi DivHut,

      Yeah, I pulled some early trigger last couple of months so that I can receive passive income throughout the year. I’m definitely loving it having crossed $700+ 🙂 Its just fantastic. Congrats on your 85% yoy growth over there. Appreciate the warm words.

      Thanks for stopping as always and commenting.

  3. That’s an exceptional improvement over last year’s dividend income… congratulations and keep up the good work! Best of luck for achieving your $7,500 goal!

    1. Hi DivGro,

      Thank you for the wishes. I’ve again setup a challenging goal this year and we’ll see how it goes. I’ll great to achieve it. Good luck over there as well.

      Thanks for stopping by and commenting.

    1. Hi Pollie,

      I see this is your first comment and so, a warm welcome to this little corner of the world.

      Thanks for stopping by and appreciate commenting.

  4. Do you drip everything even in your income portfolio if you do do you turn the drip off for what you feel like is overvalued or collect the dividends and place them elsewhere

    1. Hi Alex,

      Excellent question. I collect all the dividends in the money market/cash account and analyze the valuation of the companies and other fundamentals. Based on those, I put my capital on. This avoids dripping to over-valued companies in perpetuity.

      Thanks for stopping by and commenting.

    1. Hi GGA,

      I see this is your first comment and so, warm welcome over here. It takes a steady and consistent approach: keep investing and I’m sure you will reach your goals. Few years ago, I was in same boat and now, compounding engine has snowballed. Good luck on your journey.

      Thanks for stopping by and commenting.

    1. Hi Sharon,

      Great thought! That’s another item that you do not need to worry with this kind of income. Its a serious money that can cover quite a few things in life. Achieving FI is still a challenging road and takes a consistent approach towards it. I try to invest my capital as soon as it becomes available: I do not keep much in cash as it has ZIRP rates and probably NIRP rates if recession re-occurs.

      Thanks for stopping by as always and commenting.

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